Seylan Bank Profits Soar 50% in June Due to Lower Loan Loss Provisions
Seylan Bank PLC reported a significant profit increase for the quarter ending June, driven primarily by a reduction in loan loss provisions. The.
Finance
Finance
DFCC Bank Offers 0.5% Additional Interest on Fixed Deposits via Online Banking
As a pioneer in the digital banking revolution in Sri Lanka, DFCC Bank is empowering its customers with an additional 0.5% interest on.
- July 31, 2024
Finance
Government to Issue New Gazette for Rs. 1,700 Wage for Plantation Workers
The government is set to implement the Rs. 1,700 daily wage for plantation workers by issuing a fresh gazette within the first two.
- July 31, 2024
Finance
JKH Reports Rs. 7.7 Billion EBITDA but Suffers Rs. 868 Million Loss in 1Q FY25
Top blue-chip company John Keells Holdings Plc (JKH) reported an EBITDA of Rs. 7.7 billion for the first quarter of FY25, marking a.
- July 31, 2024
Finance
Government to Ease Vehicle Import Restrictions by 2025
State Minister of Finance Shehan Semasinghe announced yesterday that the Government plans to permit the importation of vehicles for private use starting in.
- July 30, 2024
Finance
NDB Bank Partners with CRIB to Boost Financial Empowerment via NDB NEOS
NDB Bank is advancing financial education and empowerment by integrating Credit Information Bureau of Sri Lanka (CRIB) reports into its NDB NEOS mobile.
- July 29, 2024
Finance
Sri Lanka’s Private Credit Grows in 2024, Government Credit Declines
Sri Lanka’s private sector credit saw a notable expansion of 146 billion rupees during the first half of 2024, according to official data..
- July 29, 2024
Finance
Pan Asia Bank Achieves 32% Increase in PBT for 1H 2024
Pan Asia Banking Corporation PLC reported a solid performance for the first half of 2024, with a Pre-tax Profit (PBT) of Rs. 1,996.
- July 29, 2024
Finance
Overseas Realty Reports Rs. 3.5 Billion Profit for H1 2024
Overseas Realty (Ceylon) PLC has announced impressive financial results for the six months ending June 30, 2024. The company recorded a Group Revenue.
- July 26, 2024
Finance
NDB Bank Empowers Tech Professionals with Financial Mastery Workshop
NDB Bank recently hosted a transformative financial mastery workshop aimed at empowering tech professionals with crucial financial skills. Held on July 12th at.
- July 25, 2024